Stratos Wealth Partners LTD. Increases Position in iShares Floating Rate Bond ETF $FLOT

Stratos Wealth Partners LTD. lifted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 15.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 141,418 shares of the company’s stock after buying an additional 18,620 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares Floating Rate Bond ETF were worth $7,193,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FLOT. Bank of America Corp DE increased its position in iShares Floating Rate Bond ETF by 0.6% in the 3rd quarter. Bank of America Corp DE now owns 8,849,172 shares of the company’s stock valued at $452,060,000 after acquiring an additional 49,559 shares during the period. Northern Trust Corp lifted its position in iShares Floating Rate Bond ETF by 8.9% during the 3rd quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock worth $256,528,000 after acquiring an additional 408,643 shares during the period. New York Life Investment Management LLC lifted its position in iShares Floating Rate Bond ETF by 24.6% during the 3rd quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock worth $157,227,000 after acquiring an additional 607,046 shares during the period. Glenview Trust Co grew its stake in shares of iShares Floating Rate Bond ETF by 3.9% in the 3rd quarter. Glenview Trust Co now owns 2,757,420 shares of the company’s stock valued at $140,863,000 after purchasing an additional 102,353 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 5.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock valued at $139,257,000 after purchasing an additional 130,241 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT opened at $50.76 on Friday. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34. The stock’s 50 day simple moving average is $50.91 and its 200-day simple moving average is $50.93.

About iShares Floating Rate Bond ETF

The iShares Floating Rate Bond ETF (FLOT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of USD-denominated, investment-grade floating rate notes with maturities of 0-5 years. FLOT was launched on Jun 14, 2011 and is managed by BlackRock.